TNAG-1361-FCO40-1807-Hong-Kong-Hansard-reports-and-minutes-of-the-meetings-of-the-1985 — Page 188

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vehicle and driving licences; and

passenger embarkation fees and berthing fees

for Macau ferry services.

At Appendix G to the printed speech there are full details.

Postal and Telecommunication Fees and Charges

102.

The majority of postal charges have not been reviewed for two or more years. Since the real values of these charges should not further be eroded, I shall be proposing a package of moderate increases that is estimated to yield an additional $70 million in revenue to take effect as from 2 September 1985 (50). This includes a tidying up of telecommunication licence fees.

Transport Increases

Tolls for Government-operated Tunnels

103.

My second proposal concerns tolls for Government operated tunnels. Last year, by aligning and rationalizing the Lion Rock Tunnel tolls with those at the Aberdeen Tunnel, it was possible to improve the return on assets employed, even though at 2.8% it is still too small. Further to improve this situation (and accepting that the operational pattern should not be materially affected), I now propose that the current flat rate of $2 should be increased to $3 for all types of vehicles using the Lion Rock and Aberdeen Tunnels with effect from 1 April 1985. The Aberdeen Tunnel rate of $2 has not been revised since it was opened.

(50) Included are increases to inland mail rates from 40 cents to 50 cents for the 30 gram category, registration fees from $4 to $5 and airmail rates by some 30%. The Zone 2 airmail rate to areas other than the Far East has not been revised since 1953.

G.F. 316

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